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Highest finish for the year

Philippine Stock Exchange.  AFP FILE PHOTO

The local stock index on Tuesday extended its winning streak for the fifth session, tracking an upbeat sentiment on Wall Street, to set a new peak for this year ahead of the release of the country’s second quarter gross domestic product (GDP) report.

Posted: August 27th, 2014 in Headlines,Latest Business Stories | Read More »

Asia shares mixed after Yellen speech

A man walks past an electronic stock board of a securities firm in Tokyo, Tuesday, Aug. 19, 2014. AP FILE PHOTO

Asian markets were mixed Monday following a broadly negative lead from Wall Street after the head of the US central bank said she was still concerned about employment in the country.

Posted: August 25th, 2014 in Latest Business Stories | Read More »

PSEi breaches 7,000; Wall Street rally, MSCI index weight re-balancing cited

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer finished beyond the 7,000-mark for the first time in 15 months on Thursday as select large-cap stocks benefited from the latest MSCI index weight re-balancing alongside good tidings from an overnight Wall Street rally.

Posted: August 14th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed while euro recovers

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, July 3, 2014. The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the US accelerated last month.  AP PHOTO/RICHARD DREW

Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

PSEi rises on Wall Street gains

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pse.com.ph photo

The local stock index firmed up on Wednesday, tracking an overnight gain on Wall Street following a favorable US inflation report.

Posted: July 23rd, 2014 in Latest Business Stories | Read More »

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